Investing Power Hour #56: No MSFT/ATVI Deal; Big Tech Earnings; Update on Banking Crisis
Chit Chat Stocks
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The Growth of MX Card Networks
I worry about that with these car networks that print this growth and people go, I'd buy this at 30 times earnings because it grows 10% a year forever. It looks like the trillion dollars in savings that's left is them. That's moving downwards. And eventually that gets spent off, right? How much of that was a one-time boost in how much of that can be normalized because incomes aren't growing to to compensate with this.
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